What will Happen to the Real Estate Market in 2023?

Is the Orlando housing market expected to return to a normal market in 2023? 

This is what was predicted during the National Association of Realtors annual Forecast Summit:

💎 Interest rates are expected to stabilize

💎 Home Sales and prices will moderate

💎 Home inventory is expected to remain low Lawrence Yun, NAR Chief Economist highlighted that there is many hopeful signs for 2023. He also pointed that he expects home sales to fall by 6.8% in 2023 compared to 2022.

We are just starting 2023 and we are yet to see what will happen! 👀Let me know what you think will happen in the comments ⬇️

Lisbeth Rios

Orlando real estate agent